Around Canal Winchester and Lithopolis

CW Sertoma meets
Canal Winchester Sertoma Club meets at 6:30 p.m. on the first and third Wednesdays of each month at Donatos Pizza, 6310 Prentiss School Drive, Canal Winchester. Sertoma’s main sponsorship focus is speech and hearing. Sertoma exists for the noble purpose of "Service to Mankind" by communication of thoughts, ideas and concepts to accelerate human progress in health, education, freedom and democracy. Call Kim Hoffman 837-7504.

At Wagnalls Memorial
The following activities will be held at The Wagnalls Memorial Foundation, 150 E. Columbus St., Lithopolis (for information visit www.wagnalls.org or call (614) 837-4765):
•Belly Dancing Exercise Class Mondays 10-11:30 a.m. and 5:30-7 p.m. $7 each class.
•Art Classes with Teresa Satola, $10 per class or paid monthly.   For information, or to register for either class, call 837-4765, ext 127. Adult class is 6-8 p.m. on Wednesdays. Juvenile class (ages 8-13) is 4-6 p.m. on Wednesdays.
•Gentle Yoga with Gail Sky. Cost is $10 each class. Call (614) 235-7369 for information.
•Dec. 20 at 11a.m. will be the Kid’s Club Christmas Party.
•Dec. 6 from 10 a.m. to 2 p.m. is the 2008 Christmas Open House. Volunteers are need for various activities. Call 614-837-4765 ext.126
•Create and donate a holiday wreath and return it to the library for display through Dec. 6. A silent auction will take place during that time and wreaths will be awarded to the highest bidder at 2 p.m. at the end of Open House.
•Preschool Story Time – Winter sessions begin Jan. 13, 14, and 15. Come by and register beginning Dec. 9.

CW chamber events
The Canal Winchester Area Chamber of Commerce (CWACC) announces the following events (for information call  Kim Rankin at (614) 837-1556 or visit www.canalwinchester.com):
•Tune in every Thursday at 3:45 p.m. for The Canal Winchester Chat Chamber Radio Program on WFCO fm 90.9 Call to find out how you can be a guest. Listen live on your computer www.wfcofm.com
For details call the Chamber office at (614) 837-1556 or visit www.canalwinchester.com.

Assisting combat veterans
AM VETS Post 300 is offering its assistance to returning veterans for the Iraq and Afghanistan war. Those needing help with available benefits and/or guidance for medical care may contact Administrative Assistant Barbara Megoloff at (614) 276-8083 or (614) 805-4333 or e-mail barbmegoloff@hotmail.com.

CW’s Breakfast with Santa
Canal Winchester’s annual "Breakfast with Santa" will take place Dec. 13 at 9 a.m. in the Frances Steube Community Center located at 22 S. Trine St. Tickets are $5 for adults and children and can be purchased at the village’s community center and municipal building between 8 a.m. and 4:30 p.m. Tickets are also available at Ferne’s Attic during the store’s normal business hours. Children under one year are free. Ticket includes all-you-can-eat breakfast. Children will receive a gift bag and a visit with Santa. A professional photographer will not be available. Bring a camera if you’d like to record this occasion. Only 100 tickets are available.

Simply Christmas
The village of Lithopolis hosts "Simply Christmas" on Dec. 6. The event includes:
•8:30 – 10:30 a.m. – Breakfast with Santa at The Antique Oven, 44 E. Columbus St., Lithopolis.
•8:30 a.m. – 6 p.m. – Enter to win a special visit from Santa.
•10 a.m. – 2 p.m. – Open house at Wagnalls Memorial. Santa Claus from 11 a.m. to 1 p.m.
•10 a.m. – 2 p.m. – Caroling by the Bloom-Carroll High School Chamber Singers.
•10 a.m. – 5 p.m. – Enter to win gift certificates to area businesses. One day only. Tickets available at various village shops. No purchase necessary.
•10 a.m. – 5 p.m. – Poinsettia sale by Keller Farms Greenhouse. Also, Santa Express Toy Train at 3 E. Columbus St.
•1:15 p.m. – Pet parade led by Santa. Starts at rear of Wagnalls Memorial.
•4-6 p.m. – Supper with Santa at The Antique Oven.

Donate stuffed animals
The village of Lithopolis is collecting new and like new stuffed animals for Santa Claus’ big red bag. Drop off donations at the village offices, 33 N. Market St., before 5 p.m. Dec. 5. For information contact Ginger Brenning at 837-2032 or gbrenning@lithopolis.org.

Letters to Santa

The village of Lithopolis will collect letters to Santa from Dec. 5-15. Drop off letters at the village offices, 33 N. Market St.; Wagnalls Memorial; or Santa’s mailbox at the police station. Also, there will be a toy train display at the village council chambers, 3 E. Columbus St.

CW protects investments

The safety of the village of Canal Winchester’s investments continues to be a priority for the village, especially during these challenging economic times.

The village’s finance department regularly monitors industry news and evaluates the village’s finances. Investment safeguards have been in place since 1997, when the village adopted an investment policy that preserves principal, maintains the liquidity of assets, maximizes income, and minimizes transaction costs for the village. 

As part of the village’s investment policy, all of its investments must either be guaranteed by the federal government or state of Ohio, or not exceed $100,000. Investments not exceeding $100,000 are backed by the Federal Deposit Insurance Corporation (FDIC). As required of all subdivisions, the village’s deposits must be collateralized pursuant to the Ohio Revised Code Section 135.01. This regulation stipulates that a bank which holds public funds must purchase and hold investments by the federal government or state totaling at least 100 percent of the investment amount.

For example, if the village were to deposit $100,000 at a bank, that bank would be required to hold at least $100,000 in collateral such as a treasury bond to guarantee it could offset the deposit amount.
"The village takes the security of its assets very seriously and will continue to closely follow the investment policy designed to protect them," said Nanisa Osborn, Canal Wincheseterfinance director.
The village’s investment policy allows it to invest in the following categories:

•The Ohio Subdivision’s Fund ("STAR Ohio") as set forth in Ohio Revised Code 135.45.
•Bills, notes, bonds, and other securities issued by the United States Treasury.
•Obligations guaranteed by the United States.
•Securities issued directly by federal agencies or instrumentalities.
•Certificates of Deposit from commercial banks covered by the FDIC.
•Bonds and other obligations of the State of Ohio.

In accordance with its investment policy, the village currently holds bonds – but no share of stock and no mortgage-backed or asset-backed securities – with Freddie Mac and Fannie Mae.
 
Freddie Mac and Fannie Mae were placed into conservatorship by the United States government in September, which has added an additional level of security to these investments. Since control has been transferred to the government, the companies’ AAA ratings by Standard & Poor’s have been reaffirmed.

Illustrators to visit
The Wagnalls Memorial Foundation, 150 E. Columbus St., Lithopolis will present children’s book illustrators Christopher and Jeanette Canyon on Dec. 6 from 11 a.m. – 1 p.m. in the Children’s Program Room during the annual Christmas Open House.  Christopher is known for his illustrations of John Denver’s books. Jeanette is known for her nature books.
 

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